Cotton yarn, cloth production increase 0.78pc, 0.51pc in 9 months

Domestic production of cotton yarn and cotton cloth grew by 0.78pc and 0.51pc respectively during first three quarters of current financial year as compared...

Govt cognizant of need to boost country’s exports: Ishaq Dar

Minister for Finance Senator Mohammad Ishaq Dar said on Sunday that the government was fully cognizant of the need to boost the country’s exports...

Agri package helped sector to grow by 3.46pc in FY 2016-17: Dar

Finance Minister Senator Mohammad Ishaq Dar said Sunday due to the relief package announced by the government, the agriculture sector had received a major boost...

ADB may join to TAPI pipeline financing

The Asian Development Bank (ADB) does not exclude the possibility of funding the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline construction, Chin Choon Fong, senior advisor at...

State Life says not affected by WannaCry ransomware

In the last week, a massive attack of ransomware malware had affected thousands of computers across the world. There have been some reports that...

Sindh Insurance Limited achieves A+ rating

The Sindh Insurance Limited ‘IFS rating’ has been upgraded by the Pakistan Credit Rating Agency (PACRA) to “A+”. This is the one of the highest...

Revenue division proposes Rs 10.5 bn for ITTMS project in PSDP

The revenue division has proposed Rs 10.5 billion for Integrated Transit Trade Management System (ITTMS) project in the Public Sector Development Programme (PSDP) for...

Dar meets delegation of dairy association, discusses budget proposals

A delegation of the Pakistan Dairy Association called on the Finance Minister, Senator Mohammad Ishaq Dar at the ministry of finance on Sunday. The delegation...

GIS launched in Sindh to conduct property professional tax survey

On the directives of Sindh Excise and Taxation and Narcotics Control Minister Mukesh Kumar Chawla, the department has launched a Geographical Information System (GIS)...

Chinese experts to visit Pakistan on June 5, review PEZs

A delegation of Chinese experts would visit Pakistan on June 5 to review the suitability of Prioritized Economic Zones (PEZs) in Sindh and Khyber...

World Bank for updating Pakistan’s GDP

The government has agreed to a World Bank proposal to update the methodology and source of data for Pakistan’s GDP measurement and the project...

Trade ministry demands tax relief to halt decline in exports

The newly appointed Secretary Commerce Younas Dagha took up cudgels on Sunday to bare reasons for the consistent decline in exports during the last...

Minimum tax to see tax increments in upcoming budget

Finance Minister Ishaq Dar and Finance Secretary Tariq Bajwa are said to be critical of Federal Bureau of Revenue's latest budgetary proposals, as per...

Govt agrees to pay Rs 15 billion subsidy to fertiliser sector

  by AMER SIAL Even though the finance team and fertiliser industry failed to sort out their differences on the mechanism to provide fertiliser subsidy to...

US refuses to import prawns from Pakistan

  The US has refused to purchase prawns from Pakistan owing to the negligence of Marine Fisheries Department (MFD). US team visits Pakistan every year and...

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FBR extends deadline to file tax returns

The Federal Board of Revenue (FBR) on Friday extended the last date for submission of sales tax and federal excise duty for the tax...

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